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Sports Commission Chairman splashes cash on scrabble team after African Championship victory

Newly appointed National Sports Commission Chairman, Mallam Shehu Dikko welcomed Nigeria’s victorious scrabble team on Friday, November 8, 2024, celebrating their impressive achievement of clinching the African Scrabble Championship in Kigali, Rwanda. Recognizing their dedication and hard work, Dikko appreciated the team with a personal donation of N2 million. 24-year-old …

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Afreximbank President, Prof. Oramah, receives prestigious Mohammed Barkindo Lifetime Achievement Award at African Energy Week 2024

Cape Town, South Africa 7 November 2024 Professor Benedict Okey Oramah, President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank), has been awarded the prestigious Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Awards, held on the sidelines of the African Energy Week (AEW) …

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Afreximbank signs landmark deals at African Energy Week 2024

CAPE TOWN, South Africa, November 6, 2024 The African Export–Import Bank (Afreximbank) signed multiple landmark deals at the African Energy Week: Invest in African Energies deal-signing ceremony in Cape Town on Tuesday. Among these was a $100-million revolving back-to-back letter of credit facility for oilfield equipment provider JE Energy Ltd. …

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Malawi accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa

KIGALI, Rwanda The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced the Republic of Malawi’s accession to the FEDA Establishment Agreement. This key milestone reflects the Fund’s growing support across Africa, bringing the total number of participating countries …

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AFCON fallout: Foreign Affairs Ministry reassures citizens in Libya after deportation calls

The Nigerian Ministry of Foreign Affairs has assured Nigerians in Libya of their safety after Libyan media called for the deportation of Nigerian workers. This call followed a recent decision by the Confederation of African Football (CAF) Disciplinary Board, which penalised the Libya Football Federation (LFF) over security lapses during …

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Morocco’s hospitality sector takes global centre stage as Showcase Summit holds

CASABLANCA, Morocco As Africa’s fastest-growing hospitality market, Morocco, prepares to co-host the FIFA 2030 World Cup with its European neighbours, Portugal and Spain, the country is shining a spotlight on its thriving hospitality market and the initiatives and incentives in place to attract further investment. The inaugural “Morocco Showcase Summit: …

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Alliance for African Multilateral Financial Institutions calls for increased resource mobilization for sustainable development

With the successful implementation of the United Nations’ Agenda 2030 for Sustainable Development and the African Union’s Agenda 2063 depending on Africa’s ability to mobilize adequate and timely financial resources, scaling up efforts in resource mobilization for development and incorporating innovative financing tools is urgent and crucial. This urgency was …

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Nigeria sets January 2025 for $5bn Africa Energy Bank take off

Amb. Nicholas Ella, Permanent Secretary, Ministry of Petroleum Resources and Executive Board Member representing Nigeria at the African Petroleum Producers Organisation (APPO) By Emmanuella Anokam Abuja, Nov. 1, 2024 The Federal Government has set Jan. 28, 2025 as the deadline for the operationalisation of the five billion dollars Africa Energy …

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Afreximbank calls for increased collaboration to accelerate Green Energy Transition in Africa

WASHINGTON D.C., United States of America The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., on 26 October 2024, under-scored the need for African nations to strike a balance between short-term development imperatives and long-term climate goals. Under the theme “Saving Lives Today versus Saving the …

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Morocco hails UN Security Council’s adoption of Resolution 2756; Urges all parties to respect ceasefire

The Kingdom of Morocco has welcomed the overwhelming adoption of Resolution 2756 of the United Nations (UN) Security Council extending the mandate of UN Peacekeeping Mission for the Referendum in Western Sahara, MINURSO, until October 31, 2025. The Kingdom also joined the UN Security Council to call on all parties …

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Freestyle Connect Africa 2.0 Champions crowned at CANEX WEEKEND 2024 in Algiers!

ALGIERS, Algeria, October 29, 2024 Feet ‘N’ Tricks International (www.FeetNTricks.com), in collaboration with the World Freestyle Football Association (WFFA) and proudly sponsored by AFREXIMBANK, has successfully concluded the second edition of Freestyle Connect Africa at the CANEX WEEKEND 2024 in Algiers, Algeria. The event, held on October 18th, 2024, at the …

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Afreximbank announces Investment Conference in Kisumu, Kenya to strengthen sub-sovereign participation in intra-African trade

CAIRO, Egypt, October 28, 2024 In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the County Government of Kisumu and the United …

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